Friday, September 5, 2008

why most of us fail?

9 of 10 of the small or home businesses are crumbling during the first 5 years of its operation.
9 of 10 of those who survive are crumbling later, why?

First
Because so many people are trying to start their small business without ever learning
How money works.
They don't have a right plan and they don’t know how to run their business soon they fall into depth and stop their business in lost.

Second
Usually in those little businesses a little amount of people takes care of all the business.
So they have too much pressure and they usually don’t have the skill for everything.
In conclusion their work is not good as a cooperation work.

Third
Often after some few years of really hard working people get tired and don't want to continue with the business.

Now you know how a bad system works, next time I will how to make a real system that do work.
So watch for updates.

2 comments:

Sajian Parameswara said...

Hi Andy....You are right and definitely correct..Give more advise towards how to success on running business.

andy said...

Thanks for leaving a comment, I will soon post about how to run a successful business